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Bece Business Studies Past Questions and Answers

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Bece Business Studies Past Questions

Question 66:


Granting discount to a buyer of a product is an example of ____________

A. After-sales service.
B. Customer care.
C. Pre-sale service.
D. Public relations.
E. Social responsibility.


Question 67:


The reward for capital as a factor of production is ____________

A. Interest.
B. Profit.
C. Rent.
D. Salary.
E. Wage.


Question 68:


The selling of Nigeria crude oil to a firm in Britain is an example of ____________ trade.

A. Entrepot
B. Export
C. Home
D. Retail
E. Wholesale


Question 69:


Who among the following renders direct service?

A. Barber
B. Civil servant
C. Police officer
D. Sales representative
E. Soldier


Question 70:


An agreed sum of money that the insured pays to the insurer at periodic intervals is ____________

A. Contribution.
B. Indemnity.
C. Interest.
D. Premium.
E. Subrogation.






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